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The Economic Times
The Economic Times Vedanta Limited faces penalty of over ₹2 Crores
Vedanta Limited has announced penalties imposed by the Commissioner (Appeals), CGST, Central Excise & Customs, Bhubaneswar, amounting to ₹ 97,44,894 and ₹ 1,21,26,290 for issues related to the reverse charge mechanism in FY 2019-20 and transitional credit in FY 2017-18 respectively. Vedanta plans to appeal against these Orders.
The Economic Times Weathering the storm: India Inc is adopting all-season sales strategies
India Inc is taking advantage of weather changes to push off-season sales and integrate new features in products. Companies like Dabur, Voltas and Blue Star are promoting products for all-year use. Efforts include new advertising campaigns, adding non-seasonal products, and expanding category opportunities to maintain steady revenue despite erratic weather patterns.
The Economic Times Tata Sons boss tells group CEOs he wants growth. Now
Tata Sons Chairman N Chandrasekaran has urged leaders of Tata Group companies to pursue growth aggressively. Despite economic uncertainties, he emphasized bold ambitions and seizing opportunities. Key companies have shown mixed results, but focus remains on future growth and resilience. Major investments are being directed towards Air India, Tata Electronics, and Tata Digital.
The Economic Times Finance ministry invites applications for PFRDA chairperson post
The government is seeking a new PFRDA chairman as Deepak Mohanty's term ends in May 2024. Applicants must have at least two years of residual service and relevant experience. The post is open to senior government officials, public sector officials, private sector CEOs, CFOs, COOs, and academicians. The last date for applications is December 30.
The Economic Times Auditing of companies has improved in last 3-4 yrs: NFRA Chairperson
The National Financial Reporting Authority (NFRA) chief emphasized that audit quality has improved in the past few years. However, better communication between auditors and board members is needed to prevent corporate failures. Over 80 orders against auditors were issued, including cases like Cafe Coffee Day and DHFL. Courses are being launched to enhance auditors' knowledge.
The Economic Times India's gig economy set to hit $455 billion this year: Report
It supports critical sectors such as e-commerce, transportation, and delivery services, providing flexible income opportunities and expanding the workforce.
The Economic Times GST collection spikes 8.5% Y-o-Y in November at Rs 1.82 trillion
GST Collections for the month of October grew 8.5% year-on-year at Rs 1.82 Lakh Crore witnessing a dip compared to Rs 1.87 Lakh Crore in October 2024. Maharashtra recorded the highest GST collections among all states, registering Rs 29,948 crore, a 17 per cent year-on-year increase compared to November 2023.
